Investment for Research and Development-Tax Shelter/ Corporation Financière Globex

Class action description

Several people lost important sums by investing in partnerships for research and development. The financial amounts being illegal, in some cases fraudulent, and yet promoted by the government.

Group description

Several people lost important sums by investing in partnerships.

Chronology

1994 : Action for authorization to institute a class action.The request for authorization was granted against the promoters of the fraudulent systems and refused against the governments as well as professionals (accountants, lawyers, etc.)The action on the merits is suspended.